Full-Time

Ruby on Rails Engineer

Confirmed live in the last 24 hours

Figment

Figment

51-200 employees

Provides staking solutions for cryptocurrency

Compensation Overview

$120k - $140k/yr

Junior, Mid

Toronto, ON, Canada

The job is fully remote, but candidates can be based in Canada.

Category
Backend Engineering
Software Engineering
Required Skills
JavaScript
Ruby on Rails
Postgres
GraphQL
Blockchain
Redis
Requirements
  • Experience with Ruby on Rails and API development.
  • Strong understanding of relational databases (PostgreSQL).
  • Familiarity with background job processing (Sidekiq, Redis).
  • Familiarity with JavaScript and using third-party libraries.
  • Strong problem-solving skills and an eagerness to learn.
  • Excellent collaboration and communication skills.
  • Strong bias towards simplicity and maintainability.
Responsibilities
  • Developing and maintaining backend services using Ruby on Rails.
  • Building APIs (RESTful and GraphQL) leveraging ActiveRecord for database models, relationships, and queries.
  • Developing JavaScript-based APIs to simplify blockchain interactions and facilitate integrations.
  • Collaborating with product managers, engineers, and stakeholders to develop new features.
  • Ensuring high-quality, maintainable code with robust test coverage.
  • Participating in code reviews, troubleshooting, and team discussions.

Figment.io provides staking solutions in the blockchain and cryptocurrency industry, allowing holders to earn rewards by validating transactions. They serve over 500 institutional clients, offering infrastructure and APIs to maximize staking rewards. Figment operates globally in 23 countries and focuses on the Web3 ecosystem, providing products like staking applications, validators, and slashing coverage. Their goal is to support the growth and success of the Web3 ecosystem while ensuring security and risk mitigation for their clients.

Company Size

51-200

Company Stage

Series C

Total Funding

$165M

Headquarters

Toronto, Canada

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Figment's expansion into Latin America opens new market opportunities.
  • Partnerships with companies like Copper enhance Figment's institutional staking offerings.
  • Joining the Blockchain Association strengthens Figment's regulatory influence in the U.S.

What critics are saying

  • Increased competition could erode Figment's market share and pricing power.
  • Cryptocurrency market volatility poses a risk to Figment's revenue.
  • Regulatory changes in key markets could impact Figment's operations.

What makes Figment unique

  • Figment is Canada's largest blockchain infrastructure and software provider.
  • Figment offers comprehensive staking solutions to over 500 institutional clients globally.
  • Figment's Hubble Web 3 explorer and DataHub APIs enhance blockchain development.

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Benefits

Remote Work Options

Unlimited Paid Time Off

Health Insurance

Parental Leave

Home Office Stipend

Phone/Internet Stipend

Professional Development Budget

401(k) Company Match

401(k) Retirement Plan

Stock Options

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-4%
The Reviewr
Apr 15th, 2025
Unlock Solana's Future: 3iQ & Figment's Revolutionary North American ETF Launch

3iQ Corp. has chosen Figment as teh main staking provider for its new Solana Staking ETF (TSX: SOLQ).

Crypto News
Mar 31st, 2025
Figment expands institutional staking into Latin America

Figment, a staking infrastructure provider, is expanding into Latin America with a new office in São Paulo, Brazil.

Financial Technology Insights
Mar 31st, 2025
Figment Expands Institutional Staking in LATAM

Figment, the leading provider of staking infrastructure, is announcing its formal expansion into Latin America with the establishment of a regional office in São Paulo, Brazil.

Copper
Mar 13th, 2025
Copper partners with Figment making institutional staking more accessible

THURSDAY, 13 March 2025 - Copper, a leader in digital asset custody, collateral management, and prime services has partnered with Figment, the leading independent staking infrastructure provider, further bolstering Copper's institutional staking options.

Financial News
Feb 18th, 2025
BTCS Unveils Strategic Partnership with Figment and WonderFi Leading its Staker Protection Plan

BTCS Inc. (Nasdaq: BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, is pleased to announce its partnership with Figment Inc. ("Figment"), one of the world's foremost blockchain infrastructure providers, for the launch of its Staker Protection Plan.